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Gaisano-led retailer Metro Retail Stores Group, Inc. plans to open additional supermarkets or hypermarkets outside the highly urbanized cities of Cebu in the next five years. Joseph Conrad M. Balatbat, vice president for business development and investor…
HOMEGROWN retailer Metro Retail Stores Group, Inc. (MRSGI) recently inaugurated a leased warehouse in Barangay Tingub, Mandaue City as part of efforts to modernize its logistics and supply chain processes. “Every aspect of our operations is founded…
CEBU-BASED retailer Metro Retail Stores Group, Inc. (MRSGI) posted a net income after tax of P758.6 million for the year 2015 — 20.6 percent higher than last year. In a disclosure to the Philippine Stock Exchange, the…
LISTED Cebu-based retailer Metro Retail Stores Group, Inc. has acquired the Wellworth department store assets of SIAL Specialty Retailers, Inc. in Fairview Terraces Mall and UP Town Center Mall as part of its expansion program. Metro, a…
METRO Retail Stores Group, Inc. has opened a Super Metro Hypermarket in Calbayog City, Samar, the first store to be inaugurated in line with the company’s strategy to double its nationwide retailing footprint in the next five…
Initial public offering ‘oversubscribed,’ says BPI Capital exec The expansion of Gaisano-owned Metro Retail Stores Group, Inc. will be supported by available credit lines, a top-ranking executive said. “We’re still very much under-leveraged,” said Frank Gaisano, Metro…
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